Salasar Techno Engineering has launched its new manufacturing plant for structural steel fabrication in Hapur, Uttar Pradesh. Notably, the new plant is one of the largest installed capacities plant in North India with a total production capacity of 15,000 tonnes per annum.
According to the regulatory filing, the new plant is equipped with an automated multi torch CNC plasma cutting machine for extreme precision. Also, it is installed with twin-wire on both sides, advanced beam welding line from corimpex Italy, 7-axis CNC drilling machine, automated blasting & painting machine for multi-coat painting and many more.
Furthermore, the new plant seeks to employ more than 1,000 people including contracted labour.
At around 2.10 pm, Salasar Techno was trading at Rs414.25 per piece up 2.6% on Sensex.